Hydro visits Asian Metal

On the afternoon of Oct 14, Ms. Elisabeth Holmsen, the Head of Procurement, Mr. Morten Vatneberg, the Category Manager of Magnesium and Silicon Metal, Mr. Christian Rosenkilde, the Technical Support and Mr. Yi Wang, the Sourcing Manager China of Hydro visited Asian Metal and were warmly greeted by Ms. Daphne Zhang, the Consultant & Senior Product Manager for Magnesium Industry and Mr. Jerry Huang, Ferrosilicon Market Analyst of Asian Metal.

Jerry Huang shared his forecast of various grades of silicon metal prices trend in November and December based on the national-wide inventory and consumption data and the electricity charge increase in Yunnan and Sichuan in dry season. Elisabeth Holmesen, Morten Vatneberg, Christian Rosenkilde, and Yi Wang shared their annual consumption and procurement plan for 2025, and they pay close attention to the silicon metal price trend and the carbon emission issue in China.

Afterwards, Daphne Zhang analyzed the global supply and demand of magnesium metal in 2024 and gave an outlook on the supply and demand trends and price trends of magnesium products in 2025. Meanwhile, with the target of low carbon emission, Hydro and its team exchanged views on Pidgeon and Aluminum Thermal production process, and compared the production cost of vertical tanks implemented in the industry. Additionally, they had in-depth understanding of the advantages and disadvantages of the production in various regions of China and the development trend.

Hydro, a member of Asian Metal for many years, has long been paying attention to and referring to Asian Metal's market reports and market prices, and also highly appreciated the previous magnesium summits. Hydro has interest in attending upcoming 13th Magnesium Summit during 10-11 April in 2025. Hydro is a global consumer for magnesium ingot and silicon metal. Hydro, based in Norway, is a globally recognized integrated aluminum group and a leading consumer of magnesium ingots and silicon metal.